Thinktank Theatre Inc
Nonprofit profile at a glance
- EIN
- 825038574
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Tampa, FL, USA
- Phone
- 8135080884
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $95,393
- Expenses
- $100,930
- Assets
- $3,368
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Ryan Sturm (President)
- Laurel Gramming (Vice President)
People named in this filing
- Ryan Sturm (President)
- Laurel Gramming (Vice President)
- Melanie Smith (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of ThinkTank Theatre is to produce inspirational, captivating, and forward-thinking professional theatre for families and young audiences.
What it reported doing in 2024
Productions - Thinktank Theatre produces TYA productions for and with young people. 2023-2024 season: TYA Playwrights Festival (Next Gen Writes), Star Stuff, She Kills Monsters, #Enough, Crucible, YAGMCB
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 88.5%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.8%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: -13.6% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 93.6% of revenue deployed · 88.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $89K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.